General Growth Seeks Approval To Replace $400M Bankruptcy Loan
9th Jul 2010 17:11
By Jacqueline Palank Of DOW JONES DAILY BANKRUPTCY REVIEW General Growth Properties Inc. (GGP) is seeking court approval to replace its $400 million bankruptcy loan with a new financing package, which the shopping-mall operator said will allow it to save several million dollars in interest p
Read moreProgram Trading Eases On NYSE Last Week After Prior Spike
9th Jul 2010 16:55
DOW JONES NEWSWIRES Program trading declined last week on NYSE Euronext's (NYX) New York Stock Exchange, retreating from the prior week's spike, as activity slowed ahead of the Fourth of July holiday weekend. Daily program trading volume average was 804 million, or 30.2%, of the average tot
Read more2nd UPDATE: Europe Banks Tap Bond Market As Sentiment Improves
9th Jul 2010 16:28
(Adds information, comment) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European banks are taking advantage of better sentiment in bond markets to raise money after sovereign bond market volatility limited issuance in May and June. HSBC Bank PLC of the U.K. sold a EUR1.5
Read moreUPDATE: European Banks Tap Bond Markets As Sentiment Improves
9th Jul 2010 16:04
(Adds information, background, comment) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--European banks are taking advantage of better sentiment in bond markets to raise money after sovereign bond market volatility limited issuance in May and June. HSBC Bank PLC of the U.K. s
Read moreBG Energy Prices EUR500M 3.625% 9-Year Bond 99.510, Swaps +0.95
9th Jul 2010 15:42
LONDON (Dow Jones)--BG Energy Capital plc, a unit of BG Energy Holding Ltd., has price a EUR500 million bond issue via lead managers Barclays Capital, Credit Agricole SA and Societe Generale SA, one of the banks leading the deal said Friday. Terms are as follows: Amount: EUR500 millio
Read moreBFCM Prices EUR1B 2020 Bond 4.125% At 99.454, Swaps +1.35
9th Jul 2010 15:10
LONDON (Dow Jones)--France's Banque Federative Credit Mutuel (FD-BFD) has priced a EUR1 billion senior unsecured bond issue via lead managers Barclays PLC, Citigroup, and Deutsche Bank AG, one of the banks leading the deal said Friday. Terms are as follows: Amount: EUR1 billion Maturi
Read moreUPDATE: BFCM Plans 10-Year Euro Fixed Rate Benchmark Bond
9th Jul 2010 11:31
(Adds details) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Banque Federative du Credit Mutuel (FD-BFD) plans to issue a 10-year, euro-denominated, benchmark fixed rate senior bond, a bank hired to manage the deal said Friday. Price guidance has been set in the area of 13
Read moreBG Energy Plans 9-Year Euro Benchmark Bond Issue
9th Jul 2010 10:18
LONDON (Dow Jones)--BG Energy Capital PLC is planning to launch a nine-year, euro-denominated, benchmark-sized bond via lead managers Barclays PLC, Banca IMI SpA and Societe Generale SA, one of the banks said Friday. The deal is expected to price today, subject to market conditions. The issu
Read moreBFCM Plans 10-Year Euro Fixed Rate Senior Benchmark Bond
9th Jul 2010 08:03
LONDON (Dow Jones)--Banque Federative du Credit Mutuel (FD-BFD) is planning to issue a 10-year, euro-denominated, benchmark fixed rate senior bond, one of the banks hired to manage the deal said Friday. Barclays PLC, Citigroup, and Deutsche Bank AG are lead managers of the issue. The deal is to
Read moreNYSE Euronext Recruits Electronic Mkt Makers To Amex Platform
8th Jul 2010 22:18
By Jacob Bunge Of DOW JONES NEWSWIRES NYSE Euronext (NYX) on Thursday moved to double the number of electronic specialist firms on its Amex options platform, as screen trading takes on a bigger role at the exchange. The company recruited five big Wall Street firms to serve as electronic m
Read moreMarket Volatility Affects Bank Lending, LBO Transactions
8th Jul 2010 18:56
By Katy Burne Of DOW JONES NEWSWIRES Reports that some banks have dropped out of the debt financing for the rumored EUR25 billion leveraged buyout of Spanish infrastructure group Abertis (ABE.MC) have underscored why widespread LBO chatter from earlier in the year has hasn't yet reached feve
Read moreIPO WATCH: Ocado, New UK Bank Investment Fund Stoke Interest
8th Jul 2010 17:02
By Margot Patrick Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Europe's market for initial public offerings was off to a slow start for the second half, as the approach of the traditional summer lull kept most potential issuers on the sidelines. Existing deals moving through the IPO proce
Read moreLondon close: Footsie powers forward
8th Jul 2010 16:59
Footsie's strong recovery continued for a third day with the blue chip index closing above 5,100 driven by buoyant financial services companies. The index is up by more than 300 points this week and to its highest in nine days. Growing optimism about the European bank stress tests and yesterday's
Read morePRESS RELEASE: Barclays Capital Appoints Senior Economists
8th Jul 2010 16:00
Michael Gapen appointed Senior US Economist Antonio Garcia Pascual appointed Chief Southern European Economist NEW YORK--(BUSINESS WIRE)--July 08, 2010-- Barclays Capital today announced two senior appointments in its award-winning research franchise. Michael Gapen joins Barclays Capital as
Read moreFTSE 100 movers: Banks move higher
8th Jul 2010 15:21
Financials are pushing Footsie higher. Growing optimism about the European bank stress tests and yesterday's forecast upgrade by American peer State Street had buyers all over Lloyds Banking, Royal Bank of Scotland and Barclays. All three banks will be stress tested by the EU. Royal Dutch Shell
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